1-bed · 924 sqft1 Residences by Wasl Tower 1, Al Kifaf · 14th floor · completed 2022

1405, 1 Residences by Wasl Tower 1

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.48M26 December 2022
Current rentAED 105K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, 1 Residences by Wasl Tower 1

What is 1405 worth today?

Last sold for AED 1,475,589 in 2022

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1 Jan 2026RentedNew contract
AED 105,000/yr12 months · AED 113 per sqft
22 Feb 2025RentedNew contract
AED 105,000/yr12 months · AED 113 per sqft
26 Dec 2022Sold by developerReady
AED 1,475,589AED 1,597 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
14th of 42
Parking
B2-128
Developer
Wasl
Completed
2022
Last sold
AED 1.48M · December 2022

About 1405, 1 Residences by Wasl Tower 1

1405 is a one-bedroom apartment of 924 sqft on the 14th floor of 1 Residences by Wasl Tower 1, a 42-storey tower in Al Kifaf completed in 2022 by Wasl. The developer sold it on 26 December 2022 for AED 1,475,589, or AED 1,597 per sqft, in line with the AED 1,622 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 January 2026, is AED 105,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in 1 Residences by Wasl Tower 1
1.6M1.8M202220242026Typical sale price by year: 2022 AED 1,479,386; 2023 AED 1,591,888; 2024 AED 1,700,000; 2025 AED 1,765,000; 2026 AED 1,690,000Sold by developer, December 2022: AED 1,475,589 (AED 1,597 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in 1 Residences by Wasl Tower 1
100K103K105K20232024202520262027Typical rent by year: 2023 AED 100,000; 2024 AED 104,709; 2025 AED 105,000; 2026 AED 100,000New contract, February 2025: AED 105,000 a yearNew contract, January 2026: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 1 Residences by Wasl Tower 1, and where 1405 sits

All 129 1-beds →

1405 last sold in December 2022 at AED 1,597 per sqft, in line with what one-beds in 1 Residences by Wasl Tower 1 were fetching at the time (AED 1,622). Over the last 12 months one-beds sold for AED 1,630,000 to 2,000,000, around AED 1,827 per sqft, and rent for AED 80,000 to 146,000 a year. 1405's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
8 Oct 20261,630,000
24 Jun 20261,700,000
29 Apr 20261,690,000
8 1-bed sales in the last 12 months

1 Residences by Wasl Tower 1

Building

375 apartments, 1-bed to 3-bed over 42 floors in Al Kifaf, completed in 2022 by Wasl. 31 sold in the last 12 months.

Typical price per sqft
AED 2,105 Down 0.9%
Typical sale
AED 2.8M
Typical rent
AED 125K /yr
Typical yield
5.1%
1 Residences by Wasl Tower 1, Al Kifaf: prices, sales and rents →
Value
14012-bedAED 2.75M · Nov 2022
14022-bedAED 2.28M · Nov 2022
14032-bedAED 2.75M · Mar 2024
14041-bedAED 1.42M · Nov 2022
14062-bedAED 2.61M · Aug 2023
14072-bedAED 2.18M · Jan 2023
14082-bedAED 2.31M · Dec 2022
1–7 of 9

1405, 1 Residences by Wasl Tower 1 in numbers

  • Sold once: by Wasl on 26 December 2022 for AED 1,475,589, or AED 1,597 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 7.1%.
  • One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,630,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,105 per sqft.

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 1405, 1 Residences by Wasl Tower 1

What did unit 1405 last sell for?

AED 1,475,589 on 26 December 2022, sold by the developer: AED 1,597 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 105,000 a year on the contract signed on 1 January 2026. The previous contract, from February 2025, was AED 105,000.

How big is unit 1405?

924 sqft (85.8 sqm): a one-bedroom apartment on the 14th floor of a 42-storey tower completed in 2022.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 1 Residences by Wasl Tower 1 sold for AED 1,630,000 to 2,000,000 in the last 12 months, around AED 1,827 per sqft.

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Mortgage on 1405, 1 Residences by Wasl Tower 1

Starts from the last sale price (AED 1.48M, 26 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,589
Deposit, UAE resident (20%)
AED 295,118
Deposit, non-resident (40%)
AED 590,236
Monthly over 25 years at 3.7%
AED 6,037

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →